Thursday, March 3, 2016

Economic News , Data & Views ( March 3 , 2016 ) Overview ( 1. Commodities In Focus - Gold Leads Commodities With a 19% YTD Return , Natural Gas Hits New 17 Year Low. 2.Global Bonds - 2 Year Yields In Focus. 3. Brazil's Economy In Freefall And Corruption Endemic. ) Europe In Focus ( 1. UK- Referendum Items. 2. Refugee Situation / Border Security. 3. Greece Items Of Note.) MENA Updates ( 1. Ceasefire Largely Holding , Some Items Of Note. 2. Libya - Just Trying To Figure Out Peace Talks Status - A Day's Work. )




Overview........




Commodities: 1) Gold leading YTD: +19% 2) Good to see Lumber/Copper improving 3) Nat Gas: new 17-year low today








New all-time 2-year yield lows today in... Germany Netherlands Austria Belgium Market continues to front run the ECB







| *BRAZILIAN POLICE CONDUCT OPERATION AT LULA'S HOME: FOLHA SAYS







Brazil's top court authorizes trial for Congress speaker over corruption charges








Brazilian Justice Minister plans to resign amid anti-corruption probes, said Feb. 29.









in free fall. BUT Economy shrinks less than forecast in 4Q.










| Q4 GDP Q/Q: -1.4% V -1.6%E; Y/Y: -5.9% V -6.0%E





Europe In Focus ......






Brexit / Uk Referendum.......






More threats and fear-mongering..









Now the Dutch want to use " UK Emergency Brake " ....










Refugee Situations - Not Just Europe  / Border Security......






Something to consider. If accurate , the dirty war is dirtier than thought.








Turkish PM: Turkey and Greece can't deal with refugee burden alone











reiterates 's position that the refugee & the economic crises are not to be linked for . (via )










setting up camps for the displaced on the border with in anticipation of Western air strikes








Germany rejects Austria’s suggestion that Germany set a daily quota to bring refugees from Greece to Germany.






Greece......






Mar 7 agenda on .








Tusk warns economic migrants, voices solidarity with Greece





MENA Watch......



Syria.....



HNC chief negotiator has issued 7 demands that will lead Friday protests across tomorrow:






PT: ’s opposition demands: 1) Remove regime 2) End all sieges 3) Provide adequate humanitarian aid 4) Release all detainees





PTs: 5) Expel all Iranian & Shia sectarian militias 6) Allow return of refugees & IDPs, reversing demographic shifts 7) withdrawal.







Syrian opposition casts doubt on UN peace talk plan via . March 9th described as "hypothetical " date.






Crowds condemn deadly rebel infighting, sniping that has killed 60 residents in 3 months.






Libya....






Libya:MP tells he couldn't have endorsed the GNA,he's in hospital in Tunisia following a car accident










Other MPs have been reported to deny signing the GNA endorsement claims, as they were out of town.











What's a "Grand Shura"? Cc.









Salvation Government responds to Kobler’s statement at the UNSC










AFP reporting military intervention forces ready to tackle IS Libya but waiting for unity government deal.









Wahda & Sahara banks in deny cash withdrawals for former residents, other banks set 500 Dinar limit










member claims his signature was forged in list of 100 members supporting .










- State Council prevented from meeting in and told to convene elsewhere.










- after meeting for first time in , 2nd State Council's meeting in was disrupted & told not to convene in .










Talal al-Maihub: We don't oppose the [Unity] Government but the Presidency Council after they exposed themselves in front of HoR










Talal al-Maihub: This Presidency Council will not move Libya forward but disrupt the political and economic life in the country